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Jan 2, 2013
01/13
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the fact is that the deficit is still too high. and we are still investing too little and the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to negotiate a larger agreement that would put this country on a path to paying down its debt while also putting americans back to work, rebuilding our roads and bridges, and providing investments in areas like education and job training. unfortunately there was not enough support or time for the large agreement in the laying duck session of congress. and that failure will come with a cost as the messy nature of the process over the past several weeks, they have made the business more uncertain and consumers less confident. but we are continuing to chip away at this problem, step by step. last year i signed into law about $1.7 trillion in the deficit reduction. it further reduces the deficit by raising $226 billion from the wealthiest households in america and there will be more deficit reduction as congress, they decide
the fact is that the deficit is still too high. and we are still investing too little and the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to negotiate a larger agreement that would put this country on a path to paying down its debt while also putting americans back to work, rebuilding our roads and bridges, and providing investments in areas like education and job training. unfortunately there was not enough support or...
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Feb 17, 2013
02/13
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over the last several months we got agreement on $2.5 trillion in deficit reduction over the next 10 years. we're ready to do another $1.5 trillion that every economist says we need to do to stablize the debt problem. >> schieffer: would you say morning the profit united states will not let this happen? >> the president of the united states is doing everything he can to not let this happen. we need to work with our friends on the hill. when you look at the senate democratic plan and the president's plan, both very balanced plans that gets some savings in this deficit fight from spending cuts and some savings from increased revenues. what our friends in the house have told us is that they will not even consider anything that includes h1n1 creased revenuees, not even closing loopholes will for corporate jets, closing loopholes will for oil and gas companies. that seems to me to be a position that they should reexamine and come to the table and have a real discussion about it. >> schieffer: "u.s.a. today" said the white house has been circulating its own immigration plan that provides s
over the last several months we got agreement on $2.5 trillion in deficit reduction over the next 10 years. we're ready to do another $1.5 trillion that every economist says we need to do to stablize the debt problem. >> schieffer: would you say morning the profit united states will not let this happen? >> the president of the united states is doing everything he can to not let this happen. we need to work with our friends on the hill. when you look at the senate democratic plan and...
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Feb 13, 2013
02/13
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deficit reduction alone is not an economic plan. (applause) a growing economy that creates good middle-class jobs, that must be the north star that guides our efforts. (applause) everyday we should ask ourselves three questions as a nation: how do we attract more jobs to our shores? how do we equip our people with the skills they need to get those jobs? and how do we make sure that hard work leads to a decent living? a year and a half ago i put forward an american jobs act that independent economists said would create more than one million new jobs and i thank the last congress for passing some of that agenda. i urge this congress to pass the rest. (applause) but tonight i'll lay out additional proposals that are fully paid for and fully consistent with the budget framework both parties agreed to just 18 months ago. let me repeat: nothing i'm proposing tonight should increase our deficit by a single dime. it is not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth. (applause)
deficit reduction alone is not an economic plan. (applause) a growing economy that creates good middle-class jobs, that must be the north star that guides our efforts. (applause) everyday we should ask ourselves three questions as a nation: how do we attract more jobs to our shores? how do we equip our people with the skills they need to get those jobs? and how do we make sure that hard work leads to a decent living? a year and a half ago i put forward an american jobs act that independent...
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Dec 22, 2013
12/13
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the deficit starts going up, up, up again. the annual deficit. and until in 2018, we hit $20 trillion. do the math. 1% increase in interest rates, and you go up $200 billion a year in debt services. >> which is what has brought down a lot of the european governments. >> and if you look internal to the defense budget, to all of these points, the buying power of the pentagon is continuing to fall. off a cliff. and so each dollar is going towards less and less, because of the bureaucratic benefit, the bureaucracy, the numbers, the people, the inability to shed civilians quickly enough and you're seeing that and congress rejecting of course a lot of the proposals by the administration. and so they're not out of the woods by any stretch. there are still more cuts to come. >> and pay and benefits are going up 4.2% annual rise under a fixed dome so that creates enormous pressure. and lauren, i want to ask you, you look at this, both as an analyst but as a strategic advisor to the industry, what is the industrial impact of a partial sequester? >> basical
the deficit starts going up, up, up again. the annual deficit. and until in 2018, we hit $20 trillion. do the math. 1% increase in interest rates, and you go up $200 billion a year in debt services. >> which is what has brought down a lot of the european governments. >> and if you look internal to the defense budget, to all of these points, the buying power of the pentagon is continuing to fall. off a cliff. and so each dollar is going towards less and less, because of the...
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Feb 3, 2013
02/13
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as pat was saying. $25 billion a week in terms of deficit spending trying to boost up the economy. secondly, $85 billion a month, coming out of the federal reserve, the loosest monetary policy we have ever had. we can barely get the economy to grow. it was 2.4% last year, then 1.8%, if that, maybe even less this year. despite all the stimulus. so the economy is continuing slow, it is not even staying flat. >> so you are saying we are in for several quarters of low growth? >> we hope it is going to be several quarters of low growth. anything can happen in an economy this fragile that can turn it into a recession i don't that would be a double dip recession. >> that's right. it would be. >> is that your prediction? >> no i don't know. >> i know you don't know. where do you think the odds are? >> i think the economy is going to stay very weak and any single event the collapse of the spanish banking system or what have you, any single event will create such a lack of confidence in the economy you'll have a big cut back. >> in what the federal review is saying in view of 2011, should i
as pat was saying. $25 billion a week in terms of deficit spending trying to boost up the economy. secondly, $85 billion a month, coming out of the federal reserve, the loosest monetary policy we have ever had. we can barely get the economy to grow. it was 2.4% last year, then 1.8%, if that, maybe even less this year. despite all the stimulus. so the economy is continuing slow, it is not even staying flat. >> so you are saying we are in for several quarters of low growth? >> we hope...
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Feb 10, 2013
02/13
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>> the money supposedly is going to reduce the deficit. but the problem is, the sequestration is indiscriminate. if you let leon panetta do those cuss and figure out where they should come from and did it with a scalpel that would be fine. but i think the defense department can handle this. the president is not going to come up with cuts and programs that he wants if the republicans don't say what they want. whether they want it to be the virgin birth of spending cuts. >> ryan, you and i know that the 95 billion goes back in the private sector. what happens to it then? then it becomes much more lucrative than 85 billion because it's reinvested. where? in private enterprise, correct? >> it doesn't necessarily go back into the private sector. it van issues. >> how does that happen? >> they don't borrow. >> it's not being borrowed. >> but if it's still -- if it's no longer borrowed, and in the private sector where it is functioning under the rules of -- >> sitting in the banks. >> and the program matt sound capitalism. issue three. gop soul s
>> the money supposedly is going to reduce the deficit. but the problem is, the sequestration is indiscriminate. if you let leon panetta do those cuss and figure out where they should come from and did it with a scalpel that would be fine. but i think the defense department can handle this. the president is not going to come up with cuts and programs that he wants if the republicans don't say what they want. whether they want it to be the virgin birth of spending cuts. >> ryan, you...
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Feb 4, 2013
02/13
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and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. >> well, today the president travels to minneapolis where he'll push for proposals to gun control durs his visit. susan mcginnis is in washington. good morning. >> good morning. this will be the president's first trip outside washington to push his gun proposalproposals. he's pushing for a big rally in support of this. in the meantime the senators are said to be preparing their own legislation very similar to the president's employee posal but conspicuously absent is the assault weapons ban. he takes his pitch for gun safety to minneapolis today. he wants congress to
and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development...
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Jan 2, 2013
01/13
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president, this is not by any standard a deficit reduction plan. >> reporter: mostly it's a tax plan. the bill permanently extends the bush-era tax cuts for all household income under $400, 000 a year for individuals and under $ 450rbgs000 for families. the bill also prevents the alternative minimum tax from hitting millions of middle-class families by permanently adjusting it to inflation. the bill bump it is' state tax rate up from 35% to 40%, exempting the first $5 million, and it allows the 2% payroll tax holiday to expire, adding about a thousand dollars to the average family's tax bill in 2013. but the last-minute agreement only deals with half the fiscal cliff. the other half is $110 billion in across-the-board spending cuts to defense and domestic programs this year alone. negotiators destkaoeuded to postpone those cuts for two months setting the stage for another spending fight that republicans like bob-day-old of illinois are eager -- bob dold of illinois are eager to have. >> i for one hope that we can talking about reigning in the out-of-control spending but it won't happe
president, this is not by any standard a deficit reduction plan. >> reporter: mostly it's a tax plan. the bill permanently extends the bush-era tax cuts for all household income under $400, 000 a year for individuals and under $ 450rbgs000 for families. the bill also prevents the alternative minimum tax from hitting millions of middle-class families by permanently adjusting it to inflation. the bill bump it is' state tax rate up from 35% to 40%, exempting the first $5 million, and it...
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Feb 24, 2013
02/13
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we put about 28 to reduce the deficit, $40 billion to increase pell grant. we've gone from six million pel recipient recipients to 19million. that's us showing creativity. >> garrett: you mentioned pink slips a moment ago. who is sending them out, states, because they're hearing from you? >> this is local school districts trying to manage i was a superintendent and c.e.o. for seven and a half years. this is the spring. you're trying to plan your package for the fall. and with this much instability, this much chaos coming from washington-- again, fact that this is so easily avoidable is why i'm so angry. if information would just work together, compromise, find a middle ground, we wouldn't put districtand families and children through this much trauma. >> garrett: the white house did concede earlier this week-- and i know oops a debate the white house doesn't like to get into-- but want idea for the kroos want board spending cuts did originate with the white house. do you think the administration regrets the idea in the first place. >> i think the sequester w
we put about 28 to reduce the deficit, $40 billion to increase pell grant. we've gone from six million pel recipient recipients to 19million. that's us showing creativity. >> garrett: you mentioned pink slips a moment ago. who is sending them out, states, because they're hearing from you? >> this is local school districts trying to manage i was a superintendent and c.e.o. for seven and a half years. this is the spring. you're trying to plan your package for the fall. and with this...
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Jan 21, 2013
01/13
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fixing the budget deficit, the federal budget was the most important to 13%. only 5% thought tax reform was important. and you may be looking at this poll and thinking, well, what happened to the war in afghanistan? well, there it is, it comes in at 4%, health care at 5% ending the war in afghanistan the most important priority for only 4% of the american people. but we should not ever forget that as we sit here today approximately 60,000 americans are fighting in afghanistan. the president is drawing those troops down but we have a long way to go yet in that war that is now more than ten years old. john dickerson our cbs news political director, he's down on the national mall, john, you see that 35% by far the largest majority of people in our poll think the president needs to be working on the economy. >> that's still the single most important issue for the president, much further down or much smaller percentage want them work on the deficit. really the deficit and getting the budget picture in order, ending these endless confrontations over the budget will
fixing the budget deficit, the federal budget was the most important to 13%. only 5% thought tax reform was important. and you may be looking at this poll and thinking, well, what happened to the war in afghanistan? well, there it is, it comes in at 4%, health care at 5% ending the war in afghanistan the most important priority for only 4% of the american people. but we should not ever forget that as we sit here today approximately 60,000 americans are fighting in afghanistan. the president is...
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Jan 19, 2013
01/13
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ucla cutting this deficit in half as larry drew pass to powell for the corner three. three-point lead for the ducks here in westwood. time-out. ♪ ♪ ♪ ♪ [ male announcer ] bud light. for the fans who do whatever it takes. give your team some mojo at facebook.com/budlight. here we go. [ male announcer ] whether it's mom's smartphone... dad's tablet... lauren's smartphone... or kevin's smartphone... at&t makes it affordable for the whole family to share data on all their devices. with at&t mobile share. you can add a tablet for $10 a month. at&t. rethink possible. ♪ ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >> spero: tomorrow, tom bikers bump and run on the a.m.a. super cross. something has to give when the top 15 cowboys get ahold of the toughest bulls in the pbr bucking battle. that's tomorrow at 1:00 eastern right here on cbs sports. oregon 62, ucla 59. 3:30 to play in the second half. time for the capitol one impact performance with 3:30 to play. >> doug: tr
ucla cutting this deficit in half as larry drew pass to powell for the corner three. three-point lead for the ducks here in westwood. time-out. ♪ ♪ ♪ ♪ [ male announcer ] bud light. for the fans who do whatever it takes. give your team some mojo at facebook.com/budlight. here we go. [ male announcer ] whether it's mom's smartphone... dad's tablet... lauren's smartphone... or kevin's smartphone... at&t makes it affordable for the whole family to share data on all their devices. with...
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Feb 15, 2013
02/13
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known at the time as a compulsory trigger to force spending cuts if both sides couldn't agree on a deficit reduction plan. it was meant to be so awful that no one would let it happen. hill republicans essential signed off. the president signed it. both sides guessed these automatic across the board spending cuts we've now come to know as sequestration. the new deadline for the cuts is the end of the month. and there is no deal to stop it. we keep hearing how bad it will be. one day a weak furloughs for up to 800,000 civilian pentagon employees. friday the navy is expected to announce it will postpone the repair of almost two dozen ships, threatening tens of thousands of jobs in virginia alone. and those repairs? >> if we don't do that, we are sending a ship out in harm's way that may not be as fit to fate as it should be. >> so here's how we avoid it. >> reporter: virginia's tim kaine is among senate democrats proposing an alternative, a $120 billion deficit reduction plan half in spending cuts split between defense and non- defense, much coming from tell limb nation of farm subsidies, and
known at the time as a compulsory trigger to force spending cuts if both sides couldn't agree on a deficit reduction plan. it was meant to be so awful that no one would let it happen. hill republicans essential signed off. the president signed it. both sides guessed these automatic across the board spending cuts we've now come to know as sequestration. the new deadline for the cuts is the end of the month. and there is no deal to stop it. we keep hearing how bad it will be. one day a weak...
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Sep 29, 2013
09/13
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and we talk a lot about deficits, but there is a leadership deficit that as all of us have said is so scary right now, and it is coming at the financial markets. >> tao calculated the last time at. >> 1.4 billion just to come up to the brink in extra borrowing cost os for the united states so there is a cost for even going up to the brink, but what makes the debt limit such a problem is the president said i am not going to negotiate, i will not pick up the phone. republicans on the other hand think the debt limit or some do is their best moment of leverage to get a lot of these other things they want. they are far apart on the shutdown but they are even further apart on the question of the debt limit, so further apart impacts much more grave. >> schieffer: i want to thank all of you for bringing us so much good news. (laughter.). >> schieffer: thank you all for being here and we will be back in a minute. for being here and we will be back in a minute. >> hi, i'm tom steyer. we've been visiting places that tell the keystone xl pipeline story, why it matters whether it's built. like por
and we talk a lot about deficits, but there is a leadership deficit that as all of us have said is so scary right now, and it is coming at the financial markets. >> tao calculated the last time at. >> 1.4 billion just to come up to the brink in extra borrowing cost os for the united states so there is a cost for even going up to the brink, but what makes the debt limit such a problem is the president said i am not going to negotiate, i will not pick up the phone. republicans on the...
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Feb 20, 2013
02/13
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the tigers erased a 13-point deficit to rally past the gators, 63-60. a month ago florida blew out missouri by 31 points. >>> and the "associated press" reports that the ncaa has acc e accused the university of miami of lack of institutional control. it's the latest episode in two-year investigation into alleged rules violations by a former university booster. the institutional control charge is one of the most serious. >>> in the nba now, some last-chance heroics lift the nets past the bucks. joe johnson hit a game-tying three-pointer to push the game into overtime and then the johnson hits a buzzer-beating buzzer to end the o.t. they beat milwaukee, 113-111. >>> when we return now, another look at this morning's top stories and the case of the stolen diamonds. a brazen robbery at an airport and the search for eight masked suspects. >> announcer: sports sponsored by touch of gray. get the boaest of both worlds. wow, i've been claritin clear for 10 days! when your allergies start, doctors recommend taking one non-drowsy claritin every day during your al
the tigers erased a 13-point deficit to rally past the gators, 63-60. a month ago florida blew out missouri by 31 points. >>> and the "associated press" reports that the ncaa has acc e accused the university of miami of lack of institutional control. it's the latest episode in two-year investigation into alleged rules violations by a former university booster. the institutional control charge is one of the most serious. >>> in the nba now, some last-chance heroics...
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Jul 9, 2013
07/13
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. >>> on the "cbs moneywatch" the shrinking deficit and warren buffett makes a big donation in that >> asian markets fought back despite concerns about china's efforts to reform credits. hong kong's hang seng earned 2%. >>> wall street with financial tightened wells fargo and chase the dow rose 88 points while the nasdaq added five points. >>> the deficit is down according to a new white house projection. the federal government is spending $759 billion more than it is taking in this year. that's down more than $200 billion from earlier predictions. the improvement is credited to the automatic spending cuts triggered by the financial cliff and increasing revenue from an improving economy. >>> consumers are whipping out their credit cards more often. sending consumer borrowing surging. credit use has surged since 2010. americans borrowing at the fastest rate in a year. experts say a jump in borrowing means people are feeling more confident in the economy. >>> the land line is going away with the telegraph and a lot sooner than we think. an industry trade group predicts by the end of thi
. >>> on the "cbs moneywatch" the shrinking deficit and warren buffett makes a big donation in that >> asian markets fought back despite concerns about china's efforts to reform credits. hong kong's hang seng earned 2%. >>> wall street with financial tightened wells fargo and chase the dow rose 88 points while the nasdaq added five points. >>> the deficit is down according to a new white house projection. the federal government is spending $759 billion...
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Jan 27, 2013
01/13
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hopefully we can get past that and come together on an agreement to pay down deficit in a balanced away way. we've made practical. we've already cut spending. there are other areas we can address, including some entitlement reforms the president has been clear about but away do need the republicans to come to the table to work on that with us. immigration reform, deficit reduction, further investments in our economy, whether it's addressing global warming and climate change, increasing opportunities in education and make sure we're keeping tuition costs down. our infrastructure is critical to our economy but we continue not to be able to get something through congress. these are big areas where we can move something forward. i think you'll see the president address many of these issues in the state of the union. >> schieffer: all right, well, i want to thank all of you, most enlightening, as we say on television. and we'll be back in a moment with our "face the nation" flashback. it's been a long, tough year. a real test of what i'm made of. there were times i thought of giving in, but
hopefully we can get past that and come together on an agreement to pay down deficit in a balanced away way. we've made practical. we've already cut spending. there are other areas we can address, including some entitlement reforms the president has been clear about but away do need the republicans to come to the table to work on that with us. immigration reform, deficit reduction, further investments in our economy, whether it's addressing global warming and climate change, increasing...
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Jan 20, 2013
01/13
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there's vast support out there for balanced deficit reduction, investments in education and manufacturing, immigration reform, gun safety. so on the issues the president intends to really push and focus on, there's massive support in the country, even among republicans. let's not lose sight of that, and that's why we're going to do a better job in the second term-- while we're going to do all we can to work with congress and negotiate, to also make sure the american people are connected to what's going on here. i think to really get the kind of change here in washington the american people are going to demand it. but there is really, i think, consensus around eye lot of the issues around the country >> what about the idea the republicans have said they will go along with the three-month extension on the debt ceiling, increase? are you going to be-- does that help? >> well, it's helpful that they have now dropped their demand, that the only way they're going to pay the country's billes, they themselves racked up, would be to extract some concessions. we've got to never again have this thre
there's vast support out there for balanced deficit reduction, investments in education and manufacturing, immigration reform, gun safety. so on the issues the president intends to really push and focus on, there's massive support in the country, even among republicans. let's not lose sight of that, and that's why we're going to do a better job in the second term-- while we're going to do all we can to work with congress and negotiate, to also make sure the american people are connected to...
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Feb 24, 2013
02/13
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a huge chunk of the deficit reduction that's been achieved is through obamacare. >> when we come back, minimum wage hike. (woman) 3 days of walking to give a breast cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful experience. (woman) ♪ and it's beautiful ♪ undeniable (woman) why walk 60 miles in the boldest breast cancer event in history? because everyone deserves a lifetime. visit the3day.org to register or to request more information today. ♪ burning like a fire ♪ building up from deep inside it was 3 days of pure joy. susan g. komen's investments in early detection and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the millions of women and men with breast cancer who still need us every day. register for the 3-day now. (woman) it's just been an amazing, amazing journey. i love these people. ♪ and it's beautiful minimum wage hike. >> today a full-time worker making the minimum wage earns $14,500
a huge chunk of the deficit reduction that's been achieved is through obamacare. >> when we come back, minimum wage hike. (woman) 3 days of walking to give a breast cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful experience. (woman) ♪ and it's beautiful ♪ undeniable (woman) why walk 60 miles in the boldest breast cancer event in history? because everyone deserves a...
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Dec 18, 2013
12/13
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. >> the two year agreement cuts the deficit $23 billion over the next decade, and replaces some of the across-the-board spending cuts known as the sequester with targeted cuts. >> please don't use our retirement, the military retirement that's been promised to us. find it somewhere else. >> lisa wants senators to vote against the bill because it cuts some retirement benefits for military veterans. >> my husband went to war on the fact that he was promised that money in return when he got back. >> some republicans and democrats say even if the budget passes, they will fight to restore the retirement benefits. >> how far have we fallen? do we have no shame? >> democratic senator patty murray says without this agreement, there would be big cuts to the department of defense. >> meaning furloughs and layoffs and a threat to our national security. >> president obama says he will sign the bill if it passes. tara mergeiner, cbs news washington. >> if the budget passes it will be the first signed into law since 2009. >>> well there's a lot of waits that could be cut, are bat ic squirrels, a few
. >> the two year agreement cuts the deficit $23 billion over the next decade, and replaces some of the across-the-board spending cuts known as the sequester with targeted cuts. >> please don't use our retirement, the military retirement that's been promised to us. find it somewhere else. >> lisa wants senators to vote against the bill because it cuts some retirement benefits for military veterans. >> my husband went to war on the fact that he was promised that money in...
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Feb 24, 2013
02/13
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tom izzo klimes back from a 10-point deficit, turnovers have been huge, they usually cash in, 2:35 to play. >> clark: michigan state has made this run to get back to within two by getting inside, drawing fouls, and knocking tune the free throws. this is a 7-zip run. ohio state has to be aggressive. they can't look to milk this clock. they want to execute and try to get something earlier in the shot clock. try to put pressure on michigan state defense by attacking. >> kevin: craft, again, doing it all game long. diving for two, 18 for the game. >> clark: love it. >> kevin: appling the other way, knocked away by craft. and a reach-in. and a buckeye foul. >> clark: i really love this action by ohio state. not interested in trying to milk the clock. ravenel does a nice job holding off dawson who couldn't turn it. then craft, a little overzealous here. he got the ball with his right hand but a lot of body and reach-in with the left. easy call for the official. and that's where craft's eagerness and intensity has to be tempered. game clock situation, you don't want to give up free throws. t
tom izzo klimes back from a 10-point deficit, turnovers have been huge, they usually cash in, 2:35 to play. >> clark: michigan state has made this run to get back to within two by getting inside, drawing fouls, and knocking tune the free throws. this is a 7-zip run. ohio state has to be aggressive. they can't look to milk this clock. they want to execute and try to get something earlier in the shot clock. try to put pressure on michigan state defense by attacking. >> kevin: craft,...
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Feb 13, 2013
02/13
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. >> reporter: the president emphasized his economic recovery program will not add to the deficit. he said it's not bigger government we need but smarter government. the president also outlined his plan to bring 34,000 troops home from afghanistan by this time next year. that's half the u.s. force there. gun laws were also a theme of the night. the first lady and members of congress invited victims of gun violence to join them in the chamber and the president said congress owes them a gun bill. >> they deserve a vote. gabby giffords deserves a vote. the families of newtown deserve a vote. >> reporter: in the republican response, florida senator marco rubio cautioned against higher taxes. >> there's no realistic tax increase that could lower our deficit by almost $4 trillion. that's why i hope the president will abandon his obsession with raising taxes and instead work with us to achieve real growth if our economy. >> reporter: president obama will take his message on the road with campaign style appearances in three states. tara mergener for cbs news, capitol hill. >> the president
. >> reporter: the president emphasized his economic recovery program will not add to the deficit. he said it's not bigger government we need but smarter government. the president also outlined his plan to bring 34,000 troops home from afghanistan by this time next year. that's half the u.s. force there. gun laws were also a theme of the night. the first lady and members of congress invited victims of gun violence to join them in the chamber and the president said congress owes them a gun...
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Feb 6, 2013
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boehner says he doesn't want another temporary fix if there's no long-term agreement to reduce the deficit. some house republicans have indicated they will let the steep automatic cuts take effect. those would take a huge bite out of military and domestic programs. >>> democrats in the virginia state senate have rejected two amendments that would have provided funding for transportation projects in the state. one of the amendments would replace governor mcdonnell's retail sales tax increase with a narrow 5.5% wholesale tax on gasoline. the second amendment would have set the retail fuel tax at 8%. governor mcdonnell issued a statement which said clearly this was all about partisanship, not policy and virginians deserve far better from their elected officials. >>> d.c. mayor gray vincent unveiled new proposals in his annual state of the district address. >> we are growing more than in decades with 30,000 new residents in the last two years, a growth rate of more than 1100 net new residents per month. >> the mayor proposed spending millions of dollars to build and preserve affordable housing
boehner says he doesn't want another temporary fix if there's no long-term agreement to reduce the deficit. some house republicans have indicated they will let the steep automatic cuts take effect. those would take a huge bite out of military and domestic programs. >>> democrats in the virginia state senate have rejected two amendments that would have provided funding for transportation projects in the state. one of the amendments would replace governor mcdonnell's retail sales tax...
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Feb 4, 2013
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if you combine those things together then we cannot only reduce our deficit but we can continue to invest in things like education and research and development that are going to help us grow. >> pelley: without raising rates again? >> without raising rates again. >> pelley: the president also made news with his opinion on the boy scouts. the national board of the boy scouts of america may decide this week whether to end its long-standing ban on gays in scouting. should scouting be open to gays? >> yes. >> pelley: why so? >> well because i think that my attitude is that gays and lesbians should have access and opportunity the same way everybody else does. in every institution and walk of life. and, you know, the scouts are a great institution that are promoting young people and exposing them to opportunities and leadership that will serve people for the rest of their lives. i think nobody should be barred for that. >> pelley: the scouts decide by wednesday. one of the oldest missing persons cases in history has been solved. how did a murderer with a history of mental illness get permits to
if you combine those things together then we cannot only reduce our deficit but we can continue to invest in things like education and research and development that are going to help us grow. >> pelley: without raising rates again? >> without raising rates again. >> pelley: the president also made news with his opinion on the boy scouts. the national board of the boy scouts of america may decide this week whether to end its long-standing ban on gays in scouting. should...
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Feb 3, 2013
02/13
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now the focus in washington has swung back to budgets and deficits. the nation is heading toward budget sequestration. for medicare this means a 2% spending cut. but that's just a downpayment. any serious attempt to tackle the deficit must curb the increase in medicare and medicaid spending. last week a kaiser family foundation report listed 150 ideas to reduce medicare spending. the problem is almost all of
now the focus in washington has swung back to budgets and deficits. the nation is heading toward budget sequestration. for medicare this means a 2% spending cut. but that's just a downpayment. any serious attempt to tackle the deficit must curb the increase in medicare and medicaid spending. last week a kaiser family foundation report listed 150 ideas to reduce medicare spending. the problem is almost all of
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Feb 12, 2013
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let me repeat, nothing i'm proposing tonight should increase our deficit by a single dime. it's not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth." the president will also continue his push for gun control and comprehensive immigration reform. but, scott, we're told by white house officials there will be no new ideas for those two issues because the white house says the underlying legislative politics are complicated enough. >> pelley: major, thank you. on that afghanistan announcement, there are 66,000 americans fighting there tonight. mr. obama intends to bring home 34,000 of them by this time next year. most u.s. combat troops are due home by the end of 2014. charlie d'agata is at our afghan bureau in the capital kabul and, charlie, i wonder, what is this going to mean to the troops on the ground? >> reporter: well, the key question, scott, is the time frame. any commanders here will tell you that they want as many boots on the ground for as long as they can, certainly through the summer and the fall when the
let me repeat, nothing i'm proposing tonight should increase our deficit by a single dime. it's not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth." the president will also continue his push for gun control and comprehensive immigration reform. but, scott, we're told by white house officials there will be no new ideas for those two issues because the white house says the underlying legislative politics are complicated enough....
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Feb 23, 2013
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only spending cut solution because we have a big deficit. and the two places to solve it very spending cuts and tax inincreases. >> we saw this at the end of last year. there's the fiscal cliff. he said oh push the sequester to march 1. is it possible we push the sequester to april or may or june or maybe it's next year 2014. >> it feel like we've been going through the budget deadlines again and again and again. it's definitely possible. aft this we'll have a fight over whether to fumtd the government or shut down. one of the possible solutions is we get into the sequester. things get bad and they decide to send the second aircraft carrier there and they do exactly as you say, push off the sequester. until we get a bigger deal to deal with the deficit, we're going have a lot of these things. >> the president has had everybody in his cabinet coming out with apocalyptic proclamations here. how quickly and how serious is it going to be? >> it's not going to be march 1 it's going be more toward the end of march for a lot of these things. the th
only spending cut solution because we have a big deficit. and the two places to solve it very spending cuts and tax inincreases. >> we saw this at the end of last year. there's the fiscal cliff. he said oh push the sequester to march 1. is it possible we push the sequester to april or may or june or maybe it's next year 2014. >> it feel like we've been going through the budget deadlines again and again and again. it's definitely possible. aft this we'll have a fight over whether to...
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Dec 8, 2013
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. >> everybody is focusing on cut the deficit. >> we're putting the money in the wrong place. >> we're honoring the legacy of nelson mandela today and the apartheid movement that he led. and it was built over time and you'll see the same thing happen with minimum wage. ten states, including washington d.c. have higher wages. >> let the states test it. >> obama administration care rebound. the president defended the affordable care racket act. he told the republicans if they have a better plan, let's hear it. >> if you don't like obamacare, and i know you don't, you should explain how exactly you would cut costs and cover more people and make insurance more secure. you to the morning people to tell us what you are for not just what you're against. >> is this a diversion tactic. >> yes, no question they would rather have the media focus on that the republicans don't have a plan. you had 29,000 people signed up which was more than all of us. a hundred thousand in november so they're much happier about the way it is going. but they would love it the if the media pointed out that the republ
. >> everybody is focusing on cut the deficit. >> we're putting the money in the wrong place. >> we're honoring the legacy of nelson mandela today and the apartheid movement that he led. and it was built over time and you'll see the same thing happen with minimum wage. ten states, including washington d.c. have higher wages. >> let the states test it. >> obama administration care rebound. the president defended the affordable care racket act. he told the...
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Feb 13, 2013
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i think the president's message tonight reinforces that. >> spending is not driving the deficit. he put on notice republicans that he wasn't going there unless they were going to do comprehensive tax reform. so they may get some spending cuts. he says he wants to go there but he wants revenue. he never talked about it in that way. that's what he wants and that's why he's talking comprehensive tax reform because he knows that's the only way to get it. >> reporter: there was a lot of talk last night about working together and quickly to fix the nation's problems. can it happen? and what do republicans think? i'll let you know coming up at 6:30. mike, back to you. >> thanks a lot, delia. >>> about 6:04. jessica doyle is back. she has a special your money report. of course the economy the big focus of the state of the union last night as it was last year and it's been recently since 2008 practically. were any of those promises kept? >> of course now we know the president's priorities for 2013. last year we heard a lot of economic promises, too. some were kept. some were not. we're ta
i think the president's message tonight reinforces that. >> spending is not driving the deficit. he put on notice republicans that he wasn't going there unless they were going to do comprehensive tax reform. so they may get some spending cuts. he says he wants to go there but he wants revenue. he never talked about it in that way. that's what he wants and that's why he's talking comprehensive tax reform because he knows that's the only way to get it. >> reporter: there was a lot of...
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Feb 13, 2013
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. >> nothing i'm proposing tonight should increase our deficit by a single dime. it's not a bigger government but a smarter government that sets priorities and invests in broad-based work. >> reporter: there was no mention of how much it would cost or how it would be paid for. republicans remain hungry on the details of the president's forthcomes budget. he anunsed troops will be returning home from afghanistan faster than planned. >> i can announce by next year over 34,000 troops will come home. this drawdown will continue and by the end of next year, our war in afghanistan will be over. >> reporter: the president gushed over bipartisan documents and crafted a new legal immigration system that also tightens border security. evidence of the momentum, outstretched hands from republican senators from john mccain and lindsey graham, tough critics of president obama's foreign policy. >> let's get this done. send me the bill in the next couple of months and i'll sign it right away. >> reporter: many lawmakers wore green ribbons in solidarity of the newtown, connecticut
. >> nothing i'm proposing tonight should increase our deficit by a single dime. it's not a bigger government but a smarter government that sets priorities and invests in broad-based work. >> reporter: there was no mention of how much it would cost or how it would be paid for. republicans remain hungry on the details of the president's forthcomes budget. he anunsed troops will be returning home from afghanistan faster than planned. >> i can announce by next year over 34,000...
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Dec 11, 2013
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while not raising taxes, but some conservatives complain the deficit reductions don't go far enough. some democrats seem less than enthusiastic. debate in the house is expected to begin tomorrow. >> plenty of us are looking for that quick and easy way to lose weight. when celebrities claim success, some of us, we tend to jump on board. we are testing one of the hottest trends coming up. >> i'm surae chinn at the washington national cathedral where hundreds, including vice president joe biden, other lawmakers, dignitaries, and entertainers pay tribute to the father of south afri >> here's a quick look of some of tonight's top stories. a d.c. police officer who ran a prostitution operation from his apartment is being held without bond. lynnwood barnhill is accused of abusing teenagers. mark washington's body was pulled from the washington last night. officer washington was facing child pornography charges in a separate investigation. >>> robert griffin iii will be enactive for this sunday's game. head coach, mike shanahan named curt cousins the starter. rex grossman will be his backup.
while not raising taxes, but some conservatives complain the deficit reductions don't go far enough. some democrats seem less than enthusiastic. debate in the house is expected to begin tomorrow. >> plenty of us are looking for that quick and easy way to lose weight. when celebrities claim success, some of us, we tend to jump on board. we are testing one of the hottest trends coming up. >> i'm surae chinn at the washington national cathedral where hundreds, including vice president...
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Feb 13, 2013
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. >> broad-based economic growth requires a balanced approach to deficit reduction. with spending cuts and revenue and with everybody doing their fair share. that's the approach i offer tonight. >> there's no realistic tax increase that could lower our defer sits by almost -- deficits by almost $4 trillion. that's why i hope the president will abandon his obsession with raising taxes and instead work with us to achieve real growth in our economy. >> president obama also outlined plans to bring home 34,000 troops from afghanistan within a year and said congress owes the congress a bill on gun control. wusa9 reporter delia goncalves is on capitol hill with more reaction to last night's speech. good morning. >> reporter: good morning, andrea, mike. like one republican congressman told us, last night was a night of speeches. today members of congress roll up their sleeves and get to work but still many are at odds on how to get that work done. last night during the president's state of the union address of his second term, he focused on the economy, raising the minimum w
. >> broad-based economic growth requires a balanced approach to deficit reduction. with spending cuts and revenue and with everybody doing their fair share. that's the approach i offer tonight. >> there's no realistic tax increase that could lower our defer sits by almost -- deficits by almost $4 trillion. that's why i hope the president will abandon his obsession with raising taxes and instead work with us to achieve real growth in our economy. >> president obama also...
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Jan 18, 2013
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. >> which would put a little hole in the deficit. >> the administration does not support blowing up planets. why would we spend countless taxpayer dollars on a death star with a fundamental flaw that can be exploited by a one- man star ship, doesn't make sense. so again going up to 100,000, but with the rate people are signing up for this thing, they could get to 100,000 pretty easy. >> i think the whole idea is they didn't count on the ease of signing with the world of the internet. >> it's participate -- it's participatory. >>> the department of environmental services says the a 30-inch culprit broke at the intersection of arlington boulevard and south irving earlier this week. there may be low water pressure between 6 and 9 p.m. the county has responded to breaks this week at stafford and 16th streets south and quincy and 13th streets south as well. >>> changing temperatures may have played a role in all those water breaks. how low will they go? topper has a check of our forecast from the weather terrace. >> with clear skies and winds dying down temps will fall very quickly tonig
. >> which would put a little hole in the deficit. >> the administration does not support blowing up planets. why would we spend countless taxpayer dollars on a death star with a fundamental flaw that can be exploited by a one- man star ship, doesn't make sense. so again going up to 100,000, but with the rate people are signing up for this thing, they could get to 100,000 pretty easy. >> i think the whole idea is they didn't count on the ease of signing with the world of the...
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Jan 2, 2013
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we still have place sieve deficit. we're heading to -- a massive deficit. we're heading to become greece. social security is a problem. medicaid, medicare is a problem. we have to tighten our belts. congress proved they can spend money. they have not proven they can do any belt tightening. >> jim mctague, thank you for your insight on what we have so far on the fiscal cliff. >> thank you. >>> we want to give you an update on secretary of state hillary clinton. this is video shot a short time ago of mrs. clinton leaving new york presbyterian hospital with her husband, former president bill clinton. earlier cnn reported that mrs. clinton had been released from the hospital, but now they are reporting she's been transferred to another hospital. secretary clinton has been hospitalized since sunday after doctors found a blood clot behind her right ear during a followup exam for a concussion that she suffered. doctors have been treating it with blood thinners. >>> today is the first day that courthouses in maryland were open for business after the same sex marria
we still have place sieve deficit. we're heading to -- a massive deficit. we're heading to become greece. social security is a problem. medicaid, medicare is a problem. we have to tighten our belts. congress proved they can spend money. they have not proven they can do any belt tightening. >> jim mctague, thank you for your insight on what we have so far on the fiscal cliff. >> thank you. >>> we want to give you an update on secretary of state hillary clinton. this is video...
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Jun 5, 2013
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we will see if they can overcome a 7-game deficit. that is a lot. a little over a hundred games left to go. the baseball season, for those new to it, a hundred games is a lot of games to go. >> i'm kristin berset. we're here at nats park. back to you. >> right now at nats park, it's the nats versus the mets. bottom of the first, no score. we're back after this. [ male announcer ] you know what's so awesome about the internet? it gets more and more entertaining every day. and once you've got verizon fios, that's when you get it -- america's fastest, most reliable internet takes your entertainment to ridiculous levels. i was streaming videos, movies, music. once i realized how fast it was, that's when i got it. [ male announcer ] it's your last chance to get fios for just $89.99 a month guaranteed for 2 years with $200 back, and a multi-room dvr free for 12 months with a two-year agreement. technology that makes life more entertaining, call the verizon center for customers with disabilities that's powerful. at 800-974-6006 tty/v. >> in the mail bag to
we will see if they can overcome a 7-game deficit. that is a lot. a little over a hundred games left to go. the baseball season, for those new to it, a hundred games is a lot of games to go. >> i'm kristin berset. we're here at nats park. back to you. >> right now at nats park, it's the nats versus the mets. bottom of the first, no score. we're back after this. [ male announcer ] you know what's so awesome about the internet? it gets more and more entertaining every day. and once...
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Dec 11, 2013
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all told, the deal promises to cut the deficit by $23 billion. >>> thousands of south africans lined up today to view nelson mandela's body in a glass covered scoff finish. alfonso van -- coffin. alfonso van marsh has the latest, dug the details on a bogus sign language interpreter who pretended to translate president obama's eulogy for obama. >> reporter: nelson mandela's ex-wife held hands with his wife wife. a white south african soldier consoled a black mourner. the line to see nelson mandela goes back three city blocks and then turns left so no surprise that government authorities are asking the public to be patient today saying it could be a number of hours to get to the viewing area. mourners were also told not to take photographs of the open casket out of respect for nelson mandela. >> i waited almost four hours. >> reporter: this man said it made him sad to finally see mandela's body. >> i accept that the old man has gone. the old man has brought us freedom, democracy, everybody people wanted. >> reporter: there was controversy today over a sign language interpreter at mande
all told, the deal promises to cut the deficit by $23 billion. >>> thousands of south africans lined up today to view nelson mandela's body in a glass covered scoff finish. alfonso van -- coffin. alfonso van marsh has the latest, dug the details on a bogus sign language interpreter who pretended to translate president obama's eulogy for obama. >> reporter: nelson mandela's ex-wife held hands with his wife wife. a white south african soldier consoled a black mourner. the line to...
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Feb 20, 2013
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what we're not talking about in this sequester is the actual long-term drivers of this deficit problem so as people look at the fight, which is the 900th chap tur in the con stangt fights of the budget, what's happening is the debate about dumb cuts to a portion of the budget, and everybody agrees they're dumb in terms of just being cut. the long-term -- those long-term costs are health care costs and so if washington can't agree on these fights, they really can't agree on the harder fights about long-term health care costs that are part of entitlement. >> what are the short-term gains and long-term gains that either party can get it. >> clearly they show the upper hand. that's the short-term game. polls would suggest the president has the advantage there. but in the long-term picture economies tend to be talked about by the presidential terms and what the white house is worrying about is this economy which is struggling would really take a hit if the sequester took a hit over the long period of time. that in the end through history's eyes, that makes the obama economy weaker and that'
what we're not talking about in this sequester is the actual long-term drivers of this deficit problem so as people look at the fight, which is the 900th chap tur in the con stangt fights of the budget, what's happening is the debate about dumb cuts to a portion of the budget, and everybody agrees they're dumb in terms of just being cut. the long-term -- those long-term costs are health care costs and so if washington can't agree on these fights, they really can't agree on the harder fights...
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Feb 22, 2013
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to reduce our deficit without harming our economy. but congress has to act. >> i mean for goodness sake, it was his proposal. it was his idea as he signed it into law and now he is going to tell us that oh, it is all our fault. >> reporter: a new poll shows that 40% of the americans believe that the budget cuts take effect here and that they cannot strike a deal. but it is a safe best bet. that 40% does not include many federal workers that will be facing those furloughs. wusa9 started a petition asking if they should face that there if they end up furloughed. if you would like to weigh in, go to our website and look for the petition on the home page here. so far more than 800 people have signed on as they sent letters to their lawmakers about it. >>> well this is a story that has been captured headlines for many days now. hackers linked to china breaking into the cyber systems and virtually every institution in town. now, some security experts suggest that they might have gotten their hands on enough information to map out just how w
to reduce our deficit without harming our economy. but congress has to act. >> i mean for goodness sake, it was his proposal. it was his idea as he signed it into law and now he is going to tell us that oh, it is all our fault. >> reporter: a new poll shows that 40% of the americans believe that the budget cuts take effect here and that they cannot strike a deal. but it is a safe best bet. that 40% does not include many federal workers that will be facing those furloughs. wusa9...
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Feb 13, 2013
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. >> nothing i'm proposing tonight should increase our deficit by a single dime. it is not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth. >> reporter: but republicans here on capitol hill are already rejecting many of the president's proposals. the g.o.p. says his plan would mean more government spending and tax increases. >> following four years of this president's unwillingness to challenge liberal -- [indiscernible] -- we have more of the same. >> reporter: the. will visit atlanta and chicago, but conservatives are criticizing the trip. >> if he really wanted to get things done and govern, wee come here and work with us instead of campaigning all around the country. >> reporter: in the coming months, washington will take on several controversial measures, including gun control, immigration, and taxes. right now both parties appear far apart on most of the issues. susan mcginnis, cbs news, washington. >>> pope benedict makes his last public appearances before thousands of followers. i'm danielle notti
. >> nothing i'm proposing tonight should increase our deficit by a single dime. it is not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth. >> reporter: but republicans here on capitol hill are already rejecting many of the president's proposals. the g.o.p. says his plan would mean more government spending and tax increases. >> following four years of this president's unwillingness to challenge liberal --...
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Feb 20, 2013
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to reduce our deficits without harming our economy. but congress has to act. >> the white house wants a plan with smaller spending cuts and more revenue and taxes. republicans say the government is already too bloated and higher taxes should not be a part of the equation. >> the county executives from prince georges want to make sure people in their communities understand what will happen if those budget cuts go into effect march 1. >> as you know, we have a large number of federal employees here, but the problems and the impact go beyond that to every day workers. you name it, we'll be hit. >> the press conference this morning with all three county executives. federal workers in maryland could see their salaries. less funding for education in the state as well as teacher layoffs. >>> a four-year-old girl injured in a fire in southeast d.c. over the weekend has died. that fire began sunday morning, 3:00 a.m., 33rd street. everybody inside the house got out, except for the four-year- old girl who had to be rescued and rushed off to the
to reduce our deficits without harming our economy. but congress has to act. >> the white house wants a plan with smaller spending cuts and more revenue and taxes. republicans say the government is already too bloated and higher taxes should not be a part of the equation. >> the county executives from prince georges want to make sure people in their communities understand what will happen if those budget cuts go into effect march 1. >> as you know, we have a large number of...
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Dec 15, 2013
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listen, if you are more for deficit reduction, you are for this agreement. >> yes. what about speaker boehner's outburst? why is he so. >> reporter: ed? >> pat? he won this battle. when you win a bottle, you are magnanimous. why didn't he disregard the fact these groups were angry? he should have said i know we have disagreements, i think this is a necessary and right deal. instead of going after them, he is appealing to the washington establishment, they are going to lacquer him all up for what he did. >> this is a message to these groups that their day is over and that the republican leadership is fighting back. and he wouldn't be doing that if the republicans hadn't come to the conclusion that the tea party fever has finally broken. you look at the challenges coming up in the senate, you look at the challenges, i want to finish this point. you look at the challenges coming up in the senate races to these republican incumbents, maybe there are one or two. they are weak candidates and all they can do is damage the. >> i will watch, definitely. >> i watched and i th
listen, if you are more for deficit reduction, you are for this agreement. >> yes. what about speaker boehner's outburst? why is he so. >> reporter: ed? >> pat? he won this battle. when you win a bottle, you are magnanimous. why didn't he disregard the fact these groups were angry? he should have said i know we have disagreements, i think this is a necessary and right deal. instead of going after them, he is appealing to the washington establishment, they are going to lacquer...
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Feb 26, 2013
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. >> some of them think it's a good thing because it's going to start reducing the budget deficit. >> visitors of air and space weighed in on the standoff between democrats and republicans that is leading to the major cuts. >> some people are concerned about defense. national security, other people are concerned about jobs that will be cut and how that will affect family. >> and the uncertainty is the city's hospitality industry, including cab drivers and hotel workers. if government flows and contractors stop traveling, i lose money, said one hotel doorman. of course i'm worried. bruce johnson, wusa9. >> the pentagon said almost 800,000 of its workers could lose up to 20% of their pay through those furloughs. >> as you just heard, the threat of government furloughs has federal workers on edge and that's why wusa9 started a petition. we are asking, should the congress face penalties if federal workers are furloughed due to sequestration? if you want to weigh in, here's what you do, you'll find the petition on our home page at wusa9.com. >>> ben bernanke is urging lawmakers to do somet
. >> some of them think it's a good thing because it's going to start reducing the budget deficit. >> visitors of air and space weighed in on the standoff between democrats and republicans that is leading to the major cuts. >> some people are concerned about defense. national security, other people are concerned about jobs that will be cut and how that will affect family. >> and the uncertainty is the city's hospitality industry, including cab drivers and hotel workers....
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Feb 12, 2013
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nothing i'm proposing should increase our deficit by a single dime. you get a small taste of what we'll see later on tonight. gun control, people who have been affected by gun violence on both sides of the issue will be in the house gallery tonight and earlier today, they came out front to speak their minds. >> it isn't about the right to lawfully own guns. this is about trying our best to keep guns out of the hands of the people, like people who killed my brother. >> i was mad at my legislators because i honestly believe they legislated me out of the right to protect myself and my family. >> our children matter. i want to have an opportunity to convey that to everyone else. >> all right, nearly two dozen lawmakers gave their tickets to the night's event. two people that have been affected by gun violence. we'll be talking about that a lot. virginia senator, tim kaine, just elected, good to have you with us. >> good to be with you. >> the president has been in a take no business mode since he got reelected. do you think they'll get it? >> i think the
nothing i'm proposing should increase our deficit by a single dime. you get a small taste of what we'll see later on tonight. gun control, people who have been affected by gun violence on both sides of the issue will be in the house gallery tonight and earlier today, they came out front to speak their minds. >> it isn't about the right to lawfully own guns. this is about trying our best to keep guns out of the hands of the people, like people who killed my brother. >> i was mad at...
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Jan 3, 2013
01/13
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what just happened with the debt and deficit and taxes, that doesn't go away. >> reporter: the 113th congress begins work after one of the least productive terms in history. the last group passed just 151 bills, the fewest in 65 years. that left congress with an approval rating of 10% last year, lower than past approval ratings for the i.r.s., lawyers, and even paris hillton. just lake is starting his first day in the -- jus lake is starting his first day in the senate. he believes the fiscal cliff fight was a preview of the things to come. >> this will not be the last high wire act. we can't seem to do things in advance here. >> reporter: new legislators are promising more compromise but democrats are holding on that their majority in the senate returning the same divided government that delivered gridlock last year. danielle nottingham, cbs news, capitol hill. >> the 113th congress includes 13 new senators and 82 new house members. >>> well, among the biggest critics of the slow approach in congress is new jersey governor chris christie. he blasted the house after speaker john boeh
what just happened with the debt and deficit and taxes, that doesn't go away. >> reporter: the 113th congress begins work after one of the least productive terms in history. the last group passed just 151 bills, the fewest in 65 years. that left congress with an approval rating of 10% last year, lower than past approval ratings for the i.r.s., lawyers, and even paris hillton. just lake is starting his first day in the -- jus lake is starting his first day in the senate. he believes the...
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Jan 3, 2013
01/13
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. >> what just happened with the debt and deficit and taxes, that doesn't go away. >> this is the reason that i ran for congress, so while it's daunting this is what i'm ready for. i'm here to work. >> the first major vote will come friday when the house takes up part of the superstorm sandy relief package. also today the house voted to retain john boehner as speaker of the house. >>> critics call grover norquist the single biggest impediment to a budget deal. you might think he'd be lying low as some of his allies passed a $666 billion tax increase, but bruce leshan reports norquist is keeping anything but quiet. >> no. i'm disappointed that we weren't able to continue all of the 2001, 2003 tax cuts. >> reporter: grover norquist's days are filled with media interviews and he's putting his best spin on the first republican vote to raise taxes in 22 years. >> they were scheduled to go higher if congress hadn't acted. they were scheduled to go higher on everybody. >> reporter: 238 members of the house and 41 senators have signed norquist's pledge never to raise tax rates on anyone and he i
. >> what just happened with the debt and deficit and taxes, that doesn't go away. >> this is the reason that i ran for congress, so while it's daunting this is what i'm ready for. i'm here to work. >> the first major vote will come friday when the house takes up part of the superstorm sandy relief package. also today the house voted to retain john boehner as speaker of the house. >>> critics call grover norquist the single biggest impediment to a budget deal. you...
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Feb 5, 2013
02/13
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indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. those cuts would take a big bite out of military spending and domestic programs. including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >> you stop for this passenger, you stop for the white passenger, you pass the black passenger, and you're not even licensed to pick up people on the street at all. >> quite a confrontation and now we have a big development in the wake of our undercover d.c. taxi investigation. the taxi cab commission is taking action to address the violations that we exposed. and it could include inspectors working alongside of our undercover crews. investigative reporter has been logging a whole lot of miles on this one, and russ, how would they embed their inspectors are our people? >> one of the frustrating things for viewers is that all those taxi cabs had to face was -- they walked scott free. in fact, one of those cabs, he would have impounded that if he had his lax along with us. the next time we do this operation, he doesn't have the
indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. those cuts would take a big bite out of military spending and domestic programs. including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >> you stop for this passenger, you stop for the white passenger, you pass the black passenger, and you're not even licensed to pick up people on the street at all. >> quite a confrontation and now we have a big...
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Feb 14, 2013
02/13
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it is hard to imagine deficit hawks voting for such a huge and expensive new program, but supporters say they need to consider the cost of inaction. >> weaker educational attainment, higher rates of juvenile delinquency, lower high school graduation rates, and lower adult earnings. >> reporter: in d crrks bruce leshan, wusa 9. >> critics have their own studies suggesting the benefits of universal pre schorl fleeting and the costs are sometimes much higher than predicted. >>> the battleground on the fight against sugary drinks took place in d.c. today. lead wears the center for science in the public interest, sometimes known as the food police, announced a proposal to regulate the amount of sugar in your beverages. they asked the fda to set a safe limit. they say people excuse me 78 pounds of added sugar every year from drinks like so darks and that's got devastatingesques. >> obese tee, higher rates of diabetes, higher rates of heart disease, even higher rates of gout, tooth decay. a whole range of problems. >> now, dr. jacobson also added that 40 million people get one quarter of th
it is hard to imagine deficit hawks voting for such a huge and expensive new program, but supporters say they need to consider the cost of inaction. >> weaker educational attainment, higher rates of juvenile delinquency, lower high school graduation rates, and lower adult earnings. >> reporter: in d crrks bruce leshan, wusa 9. >> critics have their own studies suggesting the benefits of universal pre schorl fleeting and the costs are sometimes much higher than predicted....
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Feb 23, 2013
02/13
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he says federal workers have given enough toward the deficit. >>> a man is dead after being gunned down in the middle of the street in front of onlookers near the popular u-street corridor. it happened this morning in the 1900 block of ninth street. we are live there right now with what neighbors are saying. >>> reporter: well, you know this area very well for yourself. this is only a block away from "u" street, two blocks away from the historical howard heat to. neighbors and police say late last night or earl these morning they heard barrage of gun shots and when it was all over the man was dead on the street that man is identified as joseph hardin of alexandria. police arrested 24-year-old cedric spicer and charged him with the murder. police say spicer was still near the scene and officers who responded were able to arrest him quickly. unclear what went -- led up to the deadly shooting. some in the area who i spoke to say they believe this was a result of a fight that began inside a nearby bar and spilled on to the streets. for those of you who know the history of the neighborhoods
he says federal workers have given enough toward the deficit. >>> a man is dead after being gunned down in the middle of the street in front of onlookers near the popular u-street corridor. it happened this morning in the 1900 block of ninth street. we are live there right now with what neighbors are saying. >>> reporter: well, you know this area very well for yourself. this is only a block away from "u" street, two blocks away from the historical howard heat to....
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Dec 12, 2013
12/13
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. >> reporter: the budget calls for $23 billion in deficit cuts over ten years. some conservatives say that's not nearly enough, including senator rand paul. >> the status quo is better. it sends the wrong message to the stock market, the wrong message to the world. it says we're not serious about our debt. >> reporter: some competitive groups are -- conservative groups are going a step further calling it bad policy and bad politics. one group says it's a step backwards and are urging lawmakers to vote no. g.o.p. leaders are not happy with the criticism. >> we were a little caught off guard that they came out against the agreement before we even reached an agreement. >> reporter: democrats are supporting the plan. >> some would have preferred something quite different but we do recognize the value of coming to a decision. >> reporter: it's believed the budget has enough votes to get through congress. the president says if that happens, he'll sign it. tara mergener for cbs news, capitol hill. >> the budget deal would also ease some sequester spending cuts. >>> ale
. >> reporter: the budget calls for $23 billion in deficit cuts over ten years. some conservatives say that's not nearly enough, including senator rand paul. >> the status quo is better. it sends the wrong message to the stock market, the wrong message to the world. it says we're not serious about our debt. >> reporter: some competitive groups are -- conservative groups are going a step further calling it bad policy and bad politics. one group says it's a step backwards and...